The impact of the current financial crisis on the German labour market

Inhaltsverzeichnis (Table of Contents)

• Introduction
• Problem Definition and Objectives
• Theoretical Foundations
• Unemployment
• Efficient Market Hypothesis and Behavioural Finance
• Theoretical Discussion
• The German labour market
• Origins and anatomy of financial crises
• Practical Examination on the Impact of the current Financial Crisis on the German Labour Market
• Quantitative Examination
• Impact on the real economy
• Unemployment and Short-Time Work Development
• Qualitative Examination
• General Forecasts in the Media
• Interpretation of Results of Interviews
• Conclusion

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This paper explores the impact of the global financial crisis on the German labour market, emphasizing the crisis's unprecedented scale and severity, particularly since the Great Depression. The paper investigates the theoretical foundations of unemployment and financial crises, examines the German labour market's specific characteristics, and delves into the practical implications of the crisis, including its quantitative and qualitative effects on the German economy.

• Impact of the global financial crisis on the German labour market
• Theoretical foundations of unemployment and financial crises
• Analysis of the German labour market's characteristics
• Quantitative and qualitative effects of the crisis on the German economy
• Examination of the crisis's impact on unemployment and short-time work development

Zusammenfassung der Kapitel (Chapter Summaries)

The introduction lays out the problem definition and objectives of the paper, highlighting the global relevance of the current financial crisis and its impact on labour markets. The theoretical foundations chapter delves into concepts of unemployment and the Efficient Market Hypothesis, offering a framework for understanding the dynamics of financial crises. The theoretical discussion chapter then focuses specifically on the German labour market and the origins and anatomy of financial crises, providing context for the subsequent practical examination. The practical examination chapter explores the quantitative impact of the crisis on the real economy and unemployment, examining data on short-time work development. The chapter also delves into the qualitative impact of the crisis through media forecasts and interpretations of interviews conducted for the study.

Schlüsselwörter (Keywords)

This paper explores the impact of the global financial crisis on the German labour market, focusing on the crisis's origins, impact on the real economy, unemployment, short-time work development, and qualitative analysis through media forecasts and interviews. Key concepts include the Efficient Market Hypothesis, financial crises, economic recession, German labour market, unemployment, short-time work, quantitative and qualitative analysis, and media interpretations.